Secured debt

• Debt that, in the event of default, has first claim on specified assets.


Follow this link for all the terms related to debt.

 Embedded terms in definition
 Related Terms

<< Secured creditors Secured loan >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Hell, there are no rules here--we're trying to accomplish something. Thomas Alva Edison


Copyright 2009-2018 GVC. All rights reserved.